{"id":359055,"date":"2023-11-24T19:20:19","date_gmt":"2023-11-24T22:20:19","guid":{"rendered":"https:\/\/anba.com.br\/brazils-petrobras-plans-to-invest-usd-102-bn\/"},"modified":"2024-03-22T17:07:05","modified_gmt":"2024-03-22T20:07:05","slug":"brazils-petrobras-plans-to-invest-usd-102-bn","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazils-petrobras-plans-to-invest-usd-102-bn\/","title":{"rendered":"Brazil\u2019s Petrobras plans to invest USD 102 bn"},"content":{"rendered":"<p>Rio de Janeiro \u2013 The Board of Directors of the Brazilian oil company Petrobras approved this Thursday (23) its Strategic Plan for the five-year 2024-2028 period. Petrobras plans to invest USD 102 billion, a 31% increase from the previous period. According to the company, the main goal is to begin the integration of energy sources that allow for a \u201cfair and responsible\u201d energy transition.<\/p>\n<p>\u201cWe increased Petrobras\u2019 total investments with responsibility, focus on capital discipline, and commitment to controlling debt. We also intensified investments in low carbon with profitable projects to generate value in the long term. We will carry out the energy transition in a gradual, responsible, and progressive way, investing in new energies without compromising the oil production still needed to meet global energy demand and finance the energy transition,\u201d said the president of Petrobras, Jean Paul Prates <em>(pictured above)<\/em>.<\/p>\n<p>The investments will be split 72% to exploration and production, 16% to refining, transportation and marketing, 9% to gas and low-carbon energy, and 3% to corporate. For low-carbon projects, USD 11.5 billion will be allocated, more than double the previous proposal. The company said it would focus on initiatives to decarbonize operations and business development in the low-carbon energies segment, emphasizing biorefining, wind, solar, hydrogen, and carbon capture, utilization and storage (CCUS).<\/p>\n<p><strong>Translated by El\u00fasio Brasileiro<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian oil company announced its 2024 &#8211; 2028 strategic plan with low-carbon projects. President Jean Paul Prates said the energy transition would be carried out responsibly without compromising the oil production still needed to meet global demand.<\/p>\n","protected":false},"author":2315,"featured_media":357365,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[46549],"tags":[20570,26557,496,13548,46697,46698,46699,46700],"class_list":{"0":"post-359055","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-energy","8":"tag-brazil-oil","9":"tag-investimentos-en","10":"tag-investments","11":"tag-petrobras-ar","12":"tag-petrobras-baixo-carbono","13":"tag-petrobras-investimentos","14":"tag-petrobras-investments","15":"tag-petrobras-low-carbon"},"wps_subtitle":"The Brazilian oil company announced its 2024 - 2028 strategic plan with low-carbon projects. President Jean Paul Prates said the energy transition would be carried out responsibly without compromising the oil production still needed to meet global demand.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/359055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=359055"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/359055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/357365"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=359055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=359055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=359055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}